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Passive ProfitsThe New eYouconomy 
New professionals focus on building passive profits in a new economy which exists today.I call this new economy 'eYouconomy'. Today, we are living in a new digital democracy, a global intellectual economy with an explosion of productivity and innovation. It's really a revolution, which I name 'eYouconomy', because YOU are causing this transformation. Please also read TIME's Person of the Year for 2006 'You' (Opens new window) for more background and information about 'You'. In today's world, the traditional economic structure is being replaced by a single, massive interconnected new economy in which money, people, companies, ideas, and technologies are totally fungible. I will be part of this new eYouconomy. I hope you will be too. Now, with the advancement of technology and the Internet, it's an exciting time to become an entrepreneur, build your own online business to start from home. We have entered the era of mass privatization. Mass privatization entails a whole sale transfer of business ownership from centralized, corporate bureaucracies into the hands of millions of self-employed individuals. They own a business to start from home. It is an organizing system based upon personal ownership and individual liberty. Each individual, entrepreneur, owns the specific work that he or she performs and is interconnected and interdependent with other individual partners through the Internet. In this new, Internet economy there are no managers, salaries, bosses, hierarchies, employees, or central controls. It's the era of the democratization of wealth and income.
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